PyroGenesis
Produces plasma-atomized metal powders for additive manufacturing (3D printing), specifically targeting aerospace, biomedical, and automotive industries.
- CEO / Founder
- P. Peter Pascali
- Team Size
- 51-200
- Stage
- Active
- Total Funding
- $4.1M
- Latest Round
- Private Equity
- Key Investors
- Sustainable Development Technology Canada
Technology & Products
Key Products
Plasma-atomized metal powders; NexGen Plasma Atomization System; Plasma torches; Waste-to-energy systems
Technological Advantage
Patented plasma atomization process (e.g., U.S. patent for NexGen) produces powders with uniform particle size essential for successful 3D prints; defensible via IP and decades of plasma expertise.
Differentiation
Value Proposition
Provides high-quality, uniform metal powders (e.g., titanium Ti-64) with little to no waste, enabling improved 3D printing processes and lower costs for demanding applications.
How They Differentiate
Plasma atomization produces more uniform powder vs. gas atomization (competitors); NexGen system offers higher production rates (25+ kg/h) and lower cost; inventor of the technology with concentrated plasma expertise.
Market & Competition
Target Customers
Additive manufacturing end-users, aerospace OEMs, biomedical device manufacturers, automotive companies
Industry Verticals
Aerospace; Biomedical; Automotive; Defense; Mining; Environmental
Competitors
AP&C (Arcam); Carpenter Additive; Tekna
Growth & Milestones
Growth Metrics
5 consecutive quarters of revenue improvement as of Q2 2024; revenue increased by $0.9 million in Q1 2024; contract backlog of $55-60 million reported in 2025.
Major Milestones
2016: Board approval to spin off additive manufacturing business into '3DCo'; 2022: NexGen powder production line testing completed; 2025: Secured fine-cut titanium powder contract with U.S. additive firm
Notable Customers
Aubert & Duval; U.S. Navy (for waste systems); Unnamed U.S. additive manufacturing company